Part 3Licences and approvals
Business licences: Duration and renewal of business licence
96Extension of business licence pending determination of application for new business licence
The holder of a current business licence (licence A) may, before the expiry of licence A, apply for a new business licence.
If an application for a new business licence is made but not determined before the expiry of licence A, licence A continues in force, unless it is sooner surrendered or revoked, until the date on which the licence holder is notified of the determination of the application.
The chief executive may, on the application of the holder of licence A, provide to the holder of licence A written confirmation that licence A is extended.
A new licence issued on an application made under this section takes effect from—
- the date on which licence A expires, if the new licence is issued before licence A expires; or
- the date on which the new licence is issued, if the new licence is issued after licence A expires.



